Management Accounts

What we do

Management reports are the lynchpins for decision making processes. Reports need to be crisp, unambiguous, with a laser like focus on the business and customised as per specific operation and scale. At Outbooks, the teams help clients and accountants by identifying and bringing to their notice opportunities and risks, which adds immense value to services.

Capabilities

Profit and Loss Reporting

A Profit and Loss Report (P&L) is a report that shows your total Income and your total Expenses in a specific period of time. It's a really useful report as it shows you your net Profit (or loss) based on your Income & Expenses, and that can be used to come up with some cost cutting strategies.

Balance Sheet Reporting

The accounting balance sheet is one of the major financial statements used by accountants and business owners. (The other major financial statements are the income statement, statement of cash flows, and statement of stockholders' equity) The balance sheet is also referred to as the statement of financial position.

The balance sheet presents a company's financial position at the end of a specified date. Some describe the balance sheet as a "snapshot" of the company's financial position at a point (a moment or an instant) in time.